Big on flexibility, smaller on complexity
A variety of options
We offer conventional, VA, FHA and adjustable-rate mortgage (ARM) jumbo loans, and a variety of terms.
Flexible loan use
Finance a primary home, second home or an investment property with up to two units.
Less paperwork
A Jumbo Smart loan requires less documentation than many jumbo loans on the market today.
Guidelines for this loan
Credit
You'll need a 680 score or better, unless you qualify for a VA or FHA jumbo loan.
Down payments
Down payments to buy a home with a Jumbo Smart loan start at just over 10% of the purchase price.
Closing costs
You’ll need around 3-6% of the amount you’re financing for closing costs.
Debt
Less than 45% of your income should be going to pay debt.
Estimate and explore
Calculators are a great way to learn and see what’s possible.
Mortgage calculator
Thinking of buying a house? Estimate your monthly loan payment including taxes and insurance.
Home equity calculator
Learn how much cash you have in your home based on its value and what you still owe.
Get more in-depth details
Articles that give you more information about jumbo loans.
6-minute read
Jumbo loan limits and requirements for 2024: A guide
5-minute read
Jumbo loan vs. convention loan: What's the difference?
8-minute read
How to refinance a jumbo loan
6-minute read
VA jumbo loan limits, rates, and requirements
6-minute read
Jumbo loan limits and requirements for 2024: A guide
5-minute read
Jumbo loan vs. convention loan: What's the difference?
8-minute read
How to refinance a jumbo loan
6-minute read
VA jumbo loan limits, rates, and requirements
Frequently asked questions
Answers to questions about this loan we heard from people like you during research.
A jumbo loan is a mortgage for amounts over conforming loan limits. If you’re buying or refinancing a home and need a loan amount that exceeds these limits, in most cases you’ll need a jumbo loan.
Conforming loan limits are loan amounts that define what’s a jumbo loan and what isn’t. They’re set by the Federal Housing Finance Agency. In 2024, the conforming loan limit for most of the U.S. was $766,550. So if you bought or refinanced a house for more than that amount, you’d probably need a jumbo loan.
Conforming loan limits are higher in certain parts of the U.S. where home values are more expensive, like Alaska, Hawaii and California. You can see all the limits on this FHFA map.
Because jumbo loan amounts are larger, generally you’ll need better credit, more income and lower debt compared to conventional loans.
Don't wonder what's best. Ask us!
We’ve been helping clients find their perfect home loan for almost 40 years.